The City of Chanhassen has released its 2025 Annual Comprehensive Financial Report, highlighting another year of strong financial performance, long-term planning and stable operations. Independent auditors issued the city an “unmodified opinion,” the highest level of audit opinion available, meaning the city’s financial statements were found to be fairly presented and compliant with national accounting standards. The report also noted Chanhassen continues to maintain its AAA bond rating from Standard & Poor’s, the highest possible rating for municipal governments.
The report points to several indicators of the city’s financial stability, including conservative budgeting practices, healthy reserve levels and long-term financial planning. Chanhassen’s General Fund balance increased by nearly $2 million in 2025, while the city’s unassigned fund balance remained above 50% of annual expenditures, helping provide financial flexibility and stable cash flow. The report also highlighted continued economic growth in the community, including increasing market values, low unemployment and ongoing development activity throughout the city.
The city has received the Government Finance Officers Association’s Certificate of Achievement for Excellence in Financial Reporting for 33 consecutive years and will submit this report for consideration.
